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Indian multibaggers surge up to 525% in 2026 as outlook shifts
Some of the standout winners cited by LiveMint Premium are linked to clean energy, AI infrastructure and telecommunications buildouts, while the focus turns to what drives results next.
LiveMint Markets highlights several Indian stocks that it says have delivered multibagger gains in 2026 so far, with returns reaching as high as 525%, despite a broader backdrop of market pressure and weaker investor sentiment.
The piece links different leaders to themes such as clean energy and precision engineering, including MTAR Technologies, which makes high-precision components and systems used in areas including India’s space programmes, civilian nuclear energy and clean energy.
LiveMint Markets also points to AI and cloud infrastructure exposure through an unnamed cloud infrastructure provider described as supplying high-performance GPU computing, and it notes the platform supports 10,000+ innovators with advanced Nvidia GPU infrastructure.
Other companies mentioned include HFCL, a telecommunications infrastructure and optical fibre manufacturer that also supplies 5G networking equipment and defence electronics, and STL, described as a provider of connectivity and AI-ready infrastructure with manufacturing facilities across North America, Europe and Asia.